ORLANDO, FL -- (MARKET WIRE) -- April 4, 2007 -- In the news release, "WGL Entertainment
Holdings, Inc.: Open Letter to Shareholders," issued earlier today by WGL
Entertainment Holdings, Inc. (OTCBB: WGLT), we are advised by the company
that the first sentence of the fourth paragraph of the release stated that
WGL Entertainment Holdings Inc.'s CEO Mike Pagnano owned 37,000,000 shares
of WGLT common stock. In fact, that was pre reverse split. Mr. Pagnano
actually owns 370,000 shares of WGLT common stock with a market value of
$148.00. The complete corrected text follows.

WGL Entertainment Holdings, Inc.: Open Letter to Shareholders

ORLANDO, FL -- April 04, 2007 -- WGL Entertainment Holdings, Inc. (OTCBB: WGLT) -- I would like to take this opportunity to address many issues which
are of concern to our valued shareholders. As we have seen over the past
several weeks, our share value has declined steadily although we have made
several exciting and revenue producing deals for our Million Dollar
Shootout Reality Television Series.

The dilution and decline is most directly a result of a Stock for Debt
exchange we have in place with a funding source. This Exchange Agreement
was fully disclosed in an 8K filing on 12/26/06. This can be viewed at
www.sec.gov. The agreement allows the holder to convert shares of WGLT for
cash until the note is paid in full. We are actively seeking a bridge loan
to pay the note in full to eliminate the note and stop the dilution and
selling of WGLT shares.

In addition to the note, the company has issued approximately 70,000,000
shares for legal and accounting services to keep the company current on its
SEC reporting requirements. Future payments for these types of services
will be made in cash from expected revenues. The company has no plans to do
any further Reverse Splits and will begin buying back shares from the open
market as revenues from Europe and Asia are realized. However, if market
support erodes and there is no longer trading activity, a Reverse Split is
the only option to recreate a market for our shareholders.

I would like to further state, that I as CEO have not sold or intend to
sell any shares and in fact only own 370,000 shares. I have personally
loaned the company over $400,000 over the past year and take little to no
salary. I am working very hard on your behalf to make the MDSO a success
and believe that we will succeed in the long term. We have an outstanding
product that will gain momentum and eventually air in the U.S. Market.
After all, it took three years for "American Idol" to be sold in the U.S.
market.

The current situation is very frustrating; I am doing all I can to resolve
the situation and will continue to work very hard on behalf of our
shareholders. WGLT has a very real product with a business model that can
and will succeed.

Thank you for your continued support...

Michael S. Pagnano
CEO,
WGL Entertainment Holdings, Inc.

WGL Entertainment Holdings, Inc., through its subsidiary WGL Entertainment,
is the producer of the WGL Million Dollar Shootout Reality Television
Series and several other made for T.V. sports entertainment events
scheduled to be produced in 2007 and beyond.

To the extent that statements in this press release are not strictly
historical, including statements as to revenue projections, business
strategy, outlook, objectives, future milestones, plans, intentions, goals,
future financial conditions, future collaboration agreements, the success
of the Company's development, events conditioned on stockholder or other
approval, or otherwise as to future events, such statements are forward
looking, and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. The forward-looking statements
contained in this release are subject to certain risks and uncertainties
that could cause actual results to differ materially from the statements
made.